Beneficial ownership, it seems, is in the eye of the beholder. With jurisdictions making their own rules, they're set to become as complex as sanctions, a banker argues
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
Money stranded in local accounts in foreign currencies is a perennial problem for treasurers. TPV Technology's treasurer tells CT how he worked with JP Morgan to tackle it.